5G is playing an increasingly significant role in logistics, where data transfer speed and security are crucial. With faster, more reliable connectivity, logistics systems are becoming more efficient and automated. Supply chains can now handle larger amounts of data in real time, allowing for quicker decision-making. Connected vehicles, including autonomous trucks and delivery drones, are […]
One promising application that is emerging in the Supply Chain and Sustainability space is Digital Product Passports (DPPs). Driven by regulations and a thirst for data transparency. Blockchain can serve as the backbone for tracking and managing product information throughout its entire lifecycle. The potential to provide reliable, tamper-resistant data across supply chains is driving […]
I am getting questions from friends and acquaintances about whether the US’s supply chain woes are over. Afterall, port congestion has cleared, transportation costs have gone down, we are seeing far fewer product shortages, and the looming recession will likely take some of the pressure off hiring and retention woes. The people I talk to […]
Pure Storage never stocked out during the pandemic. That was not because demand for their products tanked. Product sales were down by 8%, but the company did grow by 2% overall in the last fiscal year based on strong performance in subscription services. While demand from many customer’s decreased, some of their customers did place […]
A Hi-Tech Company’s Control Tower Helped It Better Manage Air Cargo During the Worst Days of the Pandemic In 2014, one of the world’s largest high-tech manufacturers started thinking about a digital transformation that would help them better serve their customers while also generating operational efficiencies. From a supply chain perspective, a robust supply chain […]
In March I provided a brief overview of the global trade management (GTM) solutions market and discussed some of the factors that encourage companies to invest in these solutions. There are a few “independent variables” that can explain GTM sales. Among them are regulation and compliance complexity, regulatory fine risks, supply chain complexity, and tariff […]
IBM manages more than $30 billion a year as part of its supply chain, with thousands of supply chain managers and analysts worldwide. IBM is using Watson and huge troves of weather and location data – IBM acquired The Weather Company last year – to improve their supply chain risk management program.